Wildwood Lubbock (Ascott Residence Trust)Wildwood Lubbock (Ascott Residence Trust)

Moody’s Investor Service (Moody’s) has upgraded the credit ratings outlook on two Singapore-listed hospitality trusts given the resumption of leisure and business travels.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.